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First Trust SMID Cap Rising Dividend Achievers ETF

236 hedge funds and large institutions have $2.08B invested in First Trust SMID Cap Rising Dividend Achievers ETF in 2023 Q4 according to their latest regulatory filings, with 69 funds opening new positions, 110 increasing their positions, 47 reducing their positions, and 10 closing their positions.

New
Increased
Maintained
Reduced
Closed

590% more first-time investments, than exits

New positions opened: 69 | Existing positions closed: 10

134% more repeat investments, than reductions

Existing positions increased: 110 | Existing positions reduced: 47

100% more funds holding in top 10

Funds holding in top 10: 48 (+4)

87% more capital invested

Capital invested by funds: $1.11B → $2.08B (+$964M)

33% more funds holding

Funds holding: 178236 (+58)

9.49% more ownership

Funds ownership: 77.42%86.91% (+9.5%)

Holders
236
Holders Change
+58
Holders Change %
+32.58%
% of All Funds
3.44%
Holding in Top 10
8
Holding in Top 10 Change
+4
Holding in Top 10 Change %
+100%
% of All Funds
0.12%
New
69
Increased
110
Reduced
47
Closed
10
Calls
$187K
Puts
Net Calls
+$187K
Net Calls Change
+$187K
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$408M +$248M +8,485,871 +213%
LPL Financial
2
LPL Financial
California
$298M +$64.9M +2,223,318 +32%
Wells Fargo
3
Wells Fargo
California
$147M +$58.7M +2,009,597 +81%
RJA
4
Raymond James & Associates
Florida
$84.5M +$17.2M +590,680 +30%
Truist Financial
5
Truist Financial
North Carolina
$68.9M -$1.85M -63,520 -3%
Royal Bank of Canada
6
Royal Bank of Canada
Ontario, Canada
$59.2M +$15.7M +536,816 +42%
Bank of America
7
Bank of America
North Carolina
$57M +$36.1M +1,236,043 +245%
UBS Group
8
UBS Group
Switzerland
$55.9M +$15.5M +530,102 +45%
Osaic Holdings
9
Osaic Holdings
Arizona
$53.9M -$3.5M -119,815 -7%
RJFSA
10
Raymond James Financial Services Advisors
Florida
$51.7M +$11.7M +399,680 +34%
Stifel Financial
11
Stifel Financial
Missouri
$51.4M +$16.8M +574,141 +58%
Cambridge Investment Research Advisors
12
Cambridge Investment Research Advisors
Iowa
$36.9M +$18.4M +630,424 +127%
Commonwealth Equity Services
13
Commonwealth Equity Services
Massachusetts
$35.6M +$19.5M +667,805 +159%
Envestnet Asset Management
14
Envestnet Asset Management
Illinois
$34.3M -$3.35M -114,880 -10%
Baird Financial Group
15
Baird Financial Group
Wisconsin
$27.4M +$1.23M +42,309 +5%
William Blair & Company
16
William Blair & Company
Illinois
$23.9M +$4.69M +160,677 +28%
PAG
17
Private Advisor Group
New Jersey
$22.9M +$6.18M +211,827 +44%
Cetera Investment Advisers
18
Cetera Investment Advisers
Illinois
$19.8M +$5.41M +185,418 +44%
PFS
19
Prospera Financial Services
Texas
$17.5M -$2.43M -83,226 -13%
KAS
20
Kestra Advisory Services
Texas
$16.8M +$9.8M +335,725 +191%
Northwestern Mutual Wealth Management
21
Northwestern Mutual Wealth Management
Wisconsin
$16.6M +$8.68M +297,453 +142%
Jane Street
22
Jane Street
New York
$15.5M +$11M +375,412 +391%
Wealth Enhancement Advisory Services
23
Wealth Enhancement Advisory Services
Minnesota
$15.4M +$2.7M +92,392 +24%
SPIA
24
Steward Partners Investment Advisory
New York
$14.9M +$6.93M +237,595 +109%
MML Investors Services
25
MML Investors Services
Massachusetts
$13.8M +$478K +16,369 +4%

SDVY Hedge Fund Activity: Q4 2023 in Review

236 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in First Trust SMID Cap Rising Dividend Achievers ETF (SDVY) for Q4 2023, worth a combined $2.08B — up 87% from $1.11B a quarter earlier.

Buyers outnumbered sellers: 69 funds opened new SDVY positions and 10 closed out — a net gain of 59 holders — while 110 added to existing stakes and 47 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $248M. The largest seller was Osaic Holdings, cutting an estimated $3.5M.

  • 236 institutional investors held First Trust SMID Cap Rising Dividend Achievers ETF (SDVY) as of Q4 2023, up from 178 in Q3 2023.
  • Funds reported $2.08B of First Trust SMID Cap Rising Dividend Achievers ETF stock for Q4 2023, up 87% quarter-over-quarter.
  • 69 funds opened new First Trust SMID Cap Rising Dividend Achievers ETF positions in Q4 2023 and 10 closed out, a net change of +59 holders.
  • The largest First Trust SMID Cap Rising Dividend Achievers ETF buyer in Q4 2023 was Morgan Stanley, an estimated $248M added.
  • The largest First Trust SMID Cap Rising Dividend Achievers ETF seller in Q4 2023 was Osaic Holdings, an estimated $3.5M sold.

Based on aggregated 13F filings for Q4 2023.